Captive Insurance Company Rules | Midpage

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Michigan Administrative Code

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Captive Insurance Company Rules

Captive Insurance Company Rules

(By authority conferred on the director of the department of insurance and financial services by sections 210, 4651, 4747, and 4813 of 1956 PA 218, 1969 PA 306, E.O. 2013-1; MCL 500.210, MCL 500.4651, MCL 500.4747, MCL 500.4813, MCL 24.231 to MCL 24.233, MCL 550.991.)Insurance

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500.101Definitions.500.102Severability.500.103Application for limited certificate of authority.500.104Record retention.500.105Captive manager.500.106Audited financial statements.500.107Scope of approval of certificate of authority.500.108Duty to disclose changes in information.500.109Obligation to report certain events.500.110Investigative hearings.500.111Limited certificate of authority as a revocable privilege.